Tag: insurance
Munich Re exceeds its profit target
Munich Despite heavy burdens, Munich Re slightly exceeded its profit target last year. The net profit of 2.9 billion euros was above the company’s own forecast of 2.8 billion euros…
Allianz fires two fund managers after hedge fund dispute
alliance High provisions for settlements with investors. (Photo: dpa) Munich Alliaz has fired two fund managers behind its collapsed US structured alpha hedge funds. This emerges from regulatory documents and…
Health insurance companies with record minus for 2021, AOK quadruples deficit
Corona intensive care unit The pandemic-related expenses are reflected in the health insurance companies’ balance sheets. (Photo: dpa) Berlin The financial imbalance of the statutory health insurance companies has dramatically…
Recent winter storms cost insurers 1.6 billion euros
Much damage from fallen trees Above all, the north and center of Germany were affected by damage. (Photo: DPA) Munich The series of three severe storms in the past few…
Still great uncertainty in the dispute over hedge fund losses
Oliver Bate The dispute also has a significant impact on the result of the entire group. (Photo: dpa) Frankfurt, Munich Allianz has taken another step forward in reappraising its failed…
3.7 billion euros for settlements with US investors
alliance The provisions have burdened the net profit of 2.8 billion euros for the past year. (Photo: dpa) Munich Allianz is taking a big step forward with the processing of…
3.7 billion euros for settlements with US investors
alliance The provisions have burdened the net profit of 2.8 billion euros for the past year. (Photo: dpa) Munich The losses of US investors with their hedge funds at the…
3.7 billion euros for settlements with US investors
alliance The provisions have burdened the net profit of 2.8 billion euros for the past year. (Photo: dpa) Munich The losses of US investors with hedge funds from its subsidiary…
Hope for high profits – but US risk remains
alliance The Munich insurance group presented figures for the past quarter on Friday. (Photo: dpa) Munich, Frankfurt When Allianz presents its annual figures next Friday, the shareholders want to know…
Storm low Ylenia sweeps over Germany – how cars and houses are properly secured
Storm depression Ylenia A fallen tree forces drivers to stop. (Photo: dpa) Frankfurt, Munich Storm depression “Ylenia” has swept across Germany with hurricane gusts. For Friday afternoon to Saturday morning,…
When companies can invoke “force majeure”.
hacker attack Cyber criminals can paralyze the operations of companies and their business partners with malware. In addition to sensitive sales losses, there are legal consequences. (Photo: imago images/Westend61) Dusseldorf…
When companies can invoke “force majeure”.
hacker attack Cyber criminals can paralyze the operations of companies and their business partners with malware. In addition to sensitive sales losses, there are legal consequences. (Photo: imago images/Westend61) Dusseldorf…
High inflation becomes a problem
Frankfurt, Munich Persistently high inflation is becoming a massive cost driver for insurers and their customers. It is now becoming apparent that the significantly increased raw material and procurement prices…
“Many companies rely too much on attitude and mindset”
Sirka Laudon (Photo: Axa) Dusseldorf Anyone who asks Sirka Laudon what he has to do to ensure that his transformation project in the company fails in any case will receive…
“Many companies rely too much on attitude and mindset”
Sirka Laudon (Photo: Axa) Dusseldorf Anyone who asks Sirka Laudon what he has to do to ensure that his transformation project in the company fails in any case will receive…
Billionaire Bill Miller: Bitcoin Is Insurance Against Financial Disaster
Bill Miller, the famous billionaire investor and founder of Miller Value Partners, considers bitcoin an insurance policy against financial disaster. Bill Miller, who serves as chairman of the board and…
Life insurance is at a turning point
Interest on life insurance High guarantees from the past are a heavy burden for life insurers. (Photo: dpa) Frankfurt Life insurance with a guaranteed interest rate was the favorite investment…
Legendary Investor Bill Miller Thinks Bitcoin (BTC) Is Insurance Against Financial Disaster!
Legendary investor known for his pro-crypto rhetoric Bill Miller, bitcoinHe said that ‘ is insurance against financial disaster and still has a very important position. In a recent interview with…
Life insurance is at a turning point
Interest on life insurance High guarantees from the past are a heavy burden for life insurers. (Photo: dpa) Frankfurt Life insurance with a guaranteed interest rate was the favorite investment…
Health insurance companies don’t want to play auxiliary police
Covid station Leipzig Political disputes and legal uncertainty continue to exist with regard to facility-related vaccination requirements for staff in hospitals or nursing homes. (Photo: dpa) Berlin The corona vaccination…